POLICY: ICBA Makes Formal Submission to B.C. Minimum Wage Review
Last week, ICBA made a submission to the Fair Wage Commission. The Commission was established by the B.C. NDP Government to move the minimum wage from its current rate of $11.35 to $15.00 per hour in 2019. ICBA recommended that:
- The Commission be mindful of the inevitable unintended consequences of any precipitous increases to the minimum wage;
- The John Horgan government adopt an orderly, predictable, incremental, and certain process which will take B.C.’s minimum wage to $15 per hour in 2022; and,
- Increases thereafter be indexed annually to the prevailing B.C. CPI rate.
To read our full submission, click HERE.